Under FTC rules, which document must be retained to provide pricing information to consumers?

Under FTC rules, which document must be retained to provide pricing information to consumers?

• A. Pricing brochure
• B. Service Price Guide
• C. Budget Summary
• D. General Price List

Answer: (D)

Under FTC rules, the clear, formal price document you must retain is the General Price List. This is the official itemized list of prices for all goods and services offered, and it must be provided to any consumer who asks. Keeping a GPL on file ensures transparency and allows consumers to compare prices. The other documents—pricing brochures, service price guides, or budget summaries—are useful tools, but they are not the mandated retention document. The GPL must be kept for at least one year after the date of the last price change.

Under FTC rules, the clear, formal price document you must retain is the General Price List. This is the official itemized list of prices for all goods and services offered, and it must be provided to any consumer who asks. Keeping a GPL on file ensures transparency and allows consumers to compare prices. The other documents—pricing brochures, service price guides, or budget summaries—are useful tools, but they are not the mandated retention document. The GPL must be kept for at least one year after the date of the last price change.